RFX 0.00% 9.7¢ redflow limited

Ann: Redflow partners with Stanwell Corporation, page-32

  1. 1,608 Posts.
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    Now that we have the MOU with Stanwell, $1.12million Feasibility Grant and Grant for the Barona Band Project, I'm assuming that securing additional funding via the CR and the shortfall is being covered via the above developments?
    Its not a rhetorical question and I'm interested in other thoughts.

    Considering part of the initial CR on 15 April was slated as "supporting continued discussions with QLD Government and other Government agencies for financial and other commercial support", Stanwell and Feasibility MOU and grant funding covers these bases.

    Does the Barona Band Project Grant funding supports the other requirements of " supporting delivering announced projects, key engineering developments and scaling up of the Thailand manufacturing"?

    I only ask, as its been a while since the there was any news on the shortfall in CR. I therefore assume that the above announcements covers that shortfall for the time being.


    IMO



 
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